Namibia

SUBSIDIAIRY NAME COUNTRY SECTOR/INDUSTRY OWNERSHIP % ACQUISITION DATE ACQUISITION VALUATION TOTAL ASSET VALUATION
UNIAB INVESTMENT MANAGERS (PTY) LTD NAMIBIA DEVELOPMENT 100% IIB-DG APR 21, 2022 160 MILLION USD 1.6 BILLION USD
JOEDILA INVESTMENT CC NAMIBIA ENERGY 70% IIB-DG JUNE 21, 2021 5.5 BILLION USD 55 BILLION USD
JOEDLIA IIB DG PTY LTD. NAMIBIA ENERGY 70% IIB-DG 5500 MILLION 5.5 BILLION
The UNIAB NAMIBIA CONSTRUCTION/DEVELOPMENT 70% IIB-DG APR 22, 2022 160 MILLION 1.6 BILLION

MINING

JOEDILA INVESTMENT CC: Joedila Investment CC is a company registered in the Republic of Namibia licensed to trade in Petroleum products (Petroleum Wholesale License No. W/226/2018) under the Namibia Petroleum Products & Energy Act, 1990 and Petroleum Products Regulation 2000. It has a Petroleum Transit Permit under Section 17(1) (e) Customs & Excise Act No. 20 of 1998 to transport liquid fuels in and out of all Namibia borders from/to any territory in Africa and to offload to the National grid. It has obtained the support of the Ministry of Mines and Energy, Namibia, to set up an oil refinery, oil storage, and pipelines and distribute all types of liquid fuels in Namibia. Joedila Investments CC specializes in supplying Crude oil, Diesel and Petrol, Jet fuel, and other refined petroleum products.

DEVELOPMENT

UNIAB Investment Managers (Pty) LTD: The UNIAB (VANADIUM TRADING ONE PTY LIMITED) project is a conglomerate company of the Namibian Fishing Industry that contributes 3% of GDP and about 20% of export earnings. On April 26th, 2022, IIB Development Group extended its interest to finance the company’s expansion program to USD 250M. Funding will be used to construct a dedicated fishing Jet, refinance high-interest rate local loans, acquisition of modern fishing Vessels, low-cost houses for company workers, and construction of fish meal for value addition. By implementing the above, the group will increase its revenue to 50%, improve the life standard of its 14,000 workers dedicated to the group operation, and increase the industry’s contribution to Namibia’s GDP, infrastructure, address unemployment, and housing. The project boasts 30years of experience in business and sound assets as per the company auditor (PriceWaterHouseCoopers) with current essential resources infrastructure, fishing vessels, fishing factories, and fishing rights

Contact Information

  • Global Headquarters: WASHINGTON
    1050 Connecticut Ave. NW, 10th Floor
    Washington, District of Columbia 20036
    United States of America
    Phone: 571-207-0211
    Fax: 202-217-4050
    info@iibdevelopmentgroup.com
  • Harare Office
    5th Floor, Shanda House,
    17 Park Street
    Postal Address
    P.O. Box ST 523,
    Southerton,
    HARARE
    Tel:+263 (4) 706-762 / 252-224 / 752-616
    Fax:+263 (4) 250-539
    Cell:+2637-1240-0523 / 912-571-317
    info@cnmybj.co.zw
  • Bulawayo Office
    3rd Floor, Fidelity Life Centre,
    Cnr 11th Avenue/Fife Street
    Postal Address
    P.O. Box FM 254,
    Famona
    BULAWAYO
    Tel:+263 (9) 75-709 / 75-719
    Fax:+263 (9) 75-719
    cnmybjbyo@gmail.com

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